Residents enjoy luxurious in-unit amenities like patio or balcony, granite counters, and hardwood floors. Community features parking, on-site laundry and lobby. Located close to BART and MUNI for commuters.

Located a few blocks away from Union Square with easy access to the Financial District, art museums and more. Modern apartments with fully-equipped kitchens, upgraded lighting and fitness center and pool.

Located on Russian Hill, near Lombard Street. Restored Old San Francisco building with old-world charm. Units have hardwood floors, fireplaces, and dishwashers. Many have sweeping city views. Underground parking available. Gym and laundry.

Incredible views of the water in a luxury community off I-80. On-site amenities include a 24-hour concierge, garage, and courtyard. Updated interiors with hardwood floors, modern appliances and updated spacious floor plans.

Prime location close to trendy restaurants and shops. Two spacious lobbies, landscaped terraces, and a huge fitness center. Units have keyless entry doors, modern kitchens, and programmable thermostats.

Modern living steps from San Francisco Bay. Brand new construction. Huge windows and lots of natural light. Hardwood floors and stainless steel appliances. Community has concierge and bike storage. Garage parking available.

Residents of this luxury community enjoy two rooftop decks, a swimming pool and concierge service. Apartments feature balconies, floor-to-ceiling windows and in-unit laundry. Property is near the Herbst Theatre, San Francisco Symphony and much more.

Enjoy spectacular views of the city from this community's fitness center. There's also an onsite pet park and EV charging station. Apartments feature sliding bedroom doors and quartz countertops. The San Francisco Symphony is nearby.

February 2019 San Francisco Rent Report

Welcome to the February 2019 San Francisco Rent Report. San Francisco rents remained steady over the past month. In this report, we'll evaluate trends in the San Francisco rental market, including comparisons to cities throughout the metro, state, and nation.

February 2019 San Francisco Rent Report

Welcome to the February 2019 San Francisco Rent Report. San Francisco rents remained steady over the past month. In this report, we'll evaluate trends in the San Francisco rental market, including comparisons to cities throughout the metro, state, and nation.

San Francisco rents increased over the past month

San Francisco rents have remained flat over the past month, however, they are up moderately by 2.7% year-over-year. Currently, median rents in San Francisco stand at $2,460 for a one-bedroom apartment and $3,090 for a two-bedroom. San Francisco's year-over-year rent growth leads the state average of 0.3%, as well as the national average of 1.0%.

Rents rising across the San Francisco Metro

Throughout the past year, rent increases have been occurring not just in the city of San Francisco, but across the entire metro. Of the largest 10 cities that we have data for in the San Francisco metro, 8 of them have seen prices rise. Here's a look at how rents compare across some of the largest cities in the metro.

Daly City has seen the fastest rent growth in the metro, with a year-over-year increase of 9.3%. The median two-bedroom there costs $3,320, while one-bedrooms go for $2,640.

Over the past year, Antioch has seen the biggest rent drop in the metro, with a decline of 9.3%. Median two-bedrooms there cost $3,230, while one-bedrooms go for $2,570.

San Mateo has the most expensive rents of the largest cities in the San Francisco metro, with a two-bedroom median of $4,390; rents rose 4.0% over the past year but remained flat month-over-month.

Oakland has the least expensive rents in the San Francisco metro, with a two-bedroom median of $2,220; rents grew 0.7% over the past month and 2.8% over the past year.

Other large cities nationwide show more affordable rents compared to San Francisco

As rents have increased moderately in San Francisco, a few other large cities nationwide have also seen rents grow modestly. Compared to most similar cities across the country, San Francisco is less affordable for renters.

Rents increased slightly in other cities across the state, with California as a whole logging rent growth of 0.3% over the past year. For example, rents have grown by 3.8% in San Jose, 1.6% in San Diego, and 1.4% in Los Angeles.

San Francisco's median two-bedroom rent of $3,090 is above the national average of $1,170. Nationwide, rents have grown by 1.0% over the past year compared to the 2.7% rise in San Francisco.

While San Francisco's rents rose moderately over the past year, many cities nationwide also saw increases, including Phoenix (+3.6%), Austin (+3.3%), and New York (+2.4%).

Renters will generally find more expensive prices in San Francisco than most other large cities. For example, Phoenix has a median 2BR rent of $1,060, where San Francisco is nearly three times that price.

For more information check out our national report. You can also access our full data for cities and counties across the U.S. at this link.

City

Median 1BR price

Median 2BR price

M/M price change

Y/Y price change

San Francisco

$2,460

$3,090

0.1%

2.7%

Oakland

$1,770

$2,220

0.7%

2.8%

Fremont

$2,980

$3,740

-0.2%

4.4%

Hayward

$2,190

$2,750

-0.4%

-1.9%

Concord

$2,420

$3,050

1.4%

5.1%

Berkeley

$2,070

$2,600

-1%

0.3%

Richmond

$2,110

$2,660

0.2%

2%

Antioch

$2,570

$3,230

0.3%

-9.3%

Daly City

$2,640

$3,320

-0.8%

9.3%

San Mateo

$3,490

$4,390

0

4%

Livermore

$2,260

$2,840

0.6%

-3.8%

Redwood City

$2,750

$3,460

0.2%

4.7%

San Ramon

$2,980

$3,740

0.1%

4.7%

Pleasanton

$2,940

$3,700

0.3%

2.6%

Union City

$2,740

$3,440

-0.5%

6.4%

Walnut Creek

$2,430

$3,060

0.1%

-0.3%

South San Francisco

$2,680

$3,370

-0.2%

-2%

Pittsburg

$2,520

$3,170

-0.1%

7.4%

San Rafael

$2,550

$3,200

-2%

-1.4%

Novato

$2,580

$3,240

0

-3.1%

Dublin

$3,010

$3,780

-0.7%

4.8%

San Bruno

$2,750

$3,450

-1.8%

-0.8%

Pacifica

$3,000

$3,770

-0.7%

1.8%

Martinez

$2,410

$3,030

-1.1%

-0.7%

Pleasant Hill

$2,670

$3,360

-1.5%

2.4%

Burlingame

$2,560

$3,220

-0.8%

-2.9%

Belmont

$2,810

$3,530

-0.3%

6.1%

Emeryville

$2,400

$3,020

0

3.2%

See More

Methodology - Recent Updates:

Data from private listing sites, including our own, tends to skew toward luxury apartments, which introduces sample bias when estimates are calculated directly from these listings. To address these limitations, we’ve recently made major updates to our methodology, which we believe have greatly improved the accuracy and reliability of our estimates.

Read more about our new methodology below, or see a more detailed post here.

Methodology:

Apartment List is committed to making our rent estimates the best and most accurate available. To do this, we start with reliable median rent statistics from the Census Bureau, then extrapolate them forward to the current month using a growth rate calculated from our listing data. In doing so, we use a same-unit analysis similar to Case-Shiller’s approach, comparing only units that are available across both time periods to provide an accurate picture of rent growth in cities across the country.

Our approach corrects for the sample bias inherent in other private sources, producing results that are much closer to statistics published by the Census Bureau and HUD. Our methodology also allows us to construct a picture of rent growth over an extended period of time, with estimates that are updated each month.

About Rent Reports:

Apartment List publishes monthly reports on rental trends for hundreds of cities across the U.S. We intend these reports to be a source of reliable information that help renters and policymakers make sound decisions, and we invest significant time and effort in gathering and analyzing rent data. Our work is covered regularly by journalists across the country.

We are continuously working to improve our methodology and data, with the goal of providing renters with the information that they need to make the best decisions.